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December 18, 2009, Friday

Shareholders of the Wheeling-Pittsburgh Corporation ousted their directors yesterday, rejecting a proposed deal with a Brazilian steel maker and supporting a hostile takeover by an Illinois steel distributor, Esmark. ''Based on preliminary figures...

May 17, 2005, Tuesday

The Brazilian steel maker Companhia Siderúrgica Nacional said its net profit rose 68 percent in the fourth quarter, helped by strong steel prices at home and abroad. C.S.N., as the company is widely known, earned 530.5 million reais ($201.3...

March 2, 2005, Wednesday

The Australian mining conglomerate BHP Billiton said that its Brazilian venture with Bank of America was selling its stake in Companhia Vale do Rio Doce, the world's largest producer of iron ore, to the Brazilian steel maker Companhia Siderurgica...

December 31, 2002, Tuesday

The planned $2.1 billion takeover of a major Brazilian rival by the Corus Group, the No. 2 steel maker in Europe, fell apart today, with the two sides trading unusually bitter accusations against each other. Corus said it was abandoning the deal...

November 14, 2002, Thursday

The Corus Group, the British-Dutch steel-making giant, said today that it had agreed to acquire Companhia Siderurgica Nacional of Brazil, one of Latin America's leading steel producers, for $2.1 billion in stock. Corus will also assume $2.1 billion...

July 18, 2002, Thursday

Companhia Siderúrgica Nacional, one of Latin America's largest steel producers, is in talks with the Corus Group, the British-Dutch steel giant, but will not be selling a controlling stake, a spokesman for the Brazilian company said. With a market...

July 9, 2002, Tuesday

Gerdau S.A., one of Brazil's biggest steelmakers, moved to expand its manufacturing operations into the United States today with a deal to acquire control of the Ameristeel Corporation. Gerdau said it would purchase a 75 percent stake in the...